Hi All,
I visited the site in Dec 08 and I do agree that it would be difficult
for a person with a family to live in the place. That said, however, I
guess it seems like most of you are forgetting something, We did sign
a contract which is legally binding. Did everyone read it completely
before signing it - I am not sure - I did look at it though. At least
in my contract, there is no mention of either the club house being
ready or the locality to be livable for us to take possession. It just
mentions that the individual unit to be ready, and this is pretty
standard.
Now think about it from Vaatika's point of view. Most of us , I
believe are under the HDFC scheme where Vaatika is paying the pre-EMI.
Basically Vaatika has already got there money from HDFC, and as soon
as your unit is ready for possession, Vaatika has no obligation to pay
the pre-EMI. It is then that our installments kick-in. Now we owe
money to HDFC not Vaatika, and if we default, we can be foreclosed by
HDFC.
Frankly, sitting in the US, I don't think I personally will have time
to run to consumer courts in India etc., and if you think anything can
be done by writing letters / emails then you have been out of India
too long. If you all can get something done - All the power to you. I
think most of us, are educated and professional enough to realize what
is in the contracts we are signing, now are we mature enough to take
responsibility for it ? It is not the verbal promises, or the
brochures which are used as marketing tools that we have to go on, but
the actual document we sign.
Lastly, my friend had bought property in DLF Gurgaon when it was being
developed (late 90's). The swimming pool, Gym, and the club house,
which were a part of the building complex itself was completed about 3
years after possession (Check out Richmond Park DLF Phase IV). So it
is not unusual for this kind of thing to happen. Of course, as per my
previous posts, in this economy, it will take much longer for Vaatika
City to develop than it was for Gurgaon.
Regards
Amit Bhagat
> I have already marked all the copies to Vatika and requested Sanjeev also to
> take up the matter with Vatika. I agree lets file an official letter jointly
> to Vatika and if need be to conumer Court just to say that we all are
> willing to take possession but only after all the issues as promised by
> Vatika are complete.
>
> Shaleen
>
> On Tue, Apr 21, 2009 at 9:36 AM, SANDEEP SHETTY <
sandyk...@gmail.com> wrote:
> > Hi Guys,
>
> > I fully agree on Shaleen...let us send an official complaint letter signed
> > by all of us in a single page...Now that it is possible, since we are all of
> > the same opinion.
>
> > We need to speed up the process at the earliest...since they are handing
> > over the possession...
>
> > Reg'ds,
> > Sandeep Shetty
> > Mob:
+97150-4563446
>
> > On Mon, Apr 20, 2009 at 5:03 PM, Shaleen Chugh <
shaleenga...@gmail.com>wrote:
>
> >> Dear All,
>
> >> Hi,
>
> >> Hope you noticed my previous mails.....I copied all the mails to Vatika as
> >> well as to Sanjeev with a request to take up the matter with Mr. Bhalla, who
> >> is the M. Dir or the person who looks after the company.
>
> >> I have already written that we must not take the possession unless the
> >> place is worth living and is complete in all respect. Lower prices or other
> >> issues relating to world wide financial turmoil is beyond the company's
> >> scope. But they must complete the place in all respect before handing over
> >> the possessions.
>
> >> Thanks and Retards
>
> >> --
> >> Shaleen Chugh
> >> Head of Corporate Banking
> >> Qatar National Bank-Oman
> >> P O Box 4050, PC112
> >> Sultanate of Oman
> >> Mobile : 00968 95328173
> >> 00968 99468967
> >> Direct line 00968 24725540
> >> Fax 00968 24779233
> >>
shaleen.ch...@qnb.com.qa
>
> >> On Sun, Apr 19, 2009 at 10:52 PM, ARUN BHANDARI <
> >>
bhandari.a...@gmail.com> wrote:
>
> >>> Hello Everyone,
> >>> May I suggest that instead of having emotional exchange of opinions, we
> >>> should list down the points where Vatika has not delivered as per the
> >>> promises made. Let these be just hard facts and nothing else.
> >>> This way we will be able to speak in one voice.
> >>> Facts such as
> >>> At the time of Delivery of our properties what was the understanding on-
> >>> 1)Access to Project - Was it the understanding / Promise that access will
> >>> be from Proper enterence instead of Thikaria Villege. What is mentioned in
> >>> the project brochure.
> >>> 2) Club House - Will it be ready?
> >>> The ones who have already taken possession, would be able to list down
> >>> points where what is delivered is not as per the promise made , agreed by
> >>> Vatika.
> >>> This will help us put together key points.
> >>> I am sure Mr.Sanjeev could be of great help in preperation of this list
> >>> in addition to every one who has taken the possession.
> >>> Thanking you,
> >>> ARUN BHANDARI.
>
> >>> On 4/19/09, Oscar D'Souza <
oscar.dsou...@googlemail.com> wrote:
>
> >>>> Dear Sreemant,
>
> >>>> I appreciate your comments, I may sound negative but this is because of
> >>>> my first hand experience there. I guess you too should visit the site and
> >>>> then form your opinion. The views which I have formed were shared by other
> >>>> plot owners in Vatika Infotech City who are based in India, they have a
> >>>> better understanding of things. I will respond to Mr. Sanjeev's mail in
> >>>> detail as I was back from India only yesterday.
>
> >>>> The reason I have brought all these issues was to mobilise a common
> >>>> front to ensure that Vatika does not neglect the development at the project.
> >>>> If all of us have a lax attitude Vatika will take their own sweet time to
> >>>> develop the project citing economic reasons. I fully agree with Shaleen's
> >>>> view on the issue of possession but I still decided to take possession as I
> >>>> wanted to finish all the formalities when I was in India.
>
> >>>> I strongly support the feeback given by Gagan. I recommend that all of
> >>>> you should visit the site, visit other developments in Jaipur and discuss
> >>>> with neutral real estate agents in Jaipur to form a proper opinion.
>
> >>>> Regards,
>
> >>>> Oscar
>
> >>>>> 2009/4/15 Gagan Lalwani <
gagan.lalw...@gmail.com>
>
> >>>>> I agree with Sanjeev and Oscar both partially! As far as Oscar is
> >>>>>> concerned he is right, the place is not liveable in current condition (my
> >>>>>> own visit observation), especially for entrance (he is absolutely correct in
> >>>>>> his description) and day to day facilities. Therefore, it is bit of hurry
> >>>>>> on the part of Vatika to hand over. If they had told us that the facilities
> >>>>>> (basic) will follow the handover I think our decision would be different.
>
> >>>>>> Sanjeev is true! the investment is our decision. If we can non sale
> >>>>>> it or rent it is our luck. No one predicted the situation at that time.
> >>>>>> However, Vatika on their part is also not been fair when it comes to just
> >>>>>> getting rid of these apartments. Nowhere in the world you move people 20 km
> >>>>>> away from the town without basic facilities like medical, grocerries, bank,
> >>>>>> schools etc. Mind it these are part of the whole project so any
> >>>>>> construction should be along with these basic amenities.
>
> >>>>>> So guys! it's a call we have to take if we can go and live. If yes,
> >>>>>> take possession and be happy and if not then talk to developer, which none
> >>>>>> of us has done so far.
>
> >>>>>> On Wed, Apr 15, 2009 at 8:14 PM, Sanjeev Kapur <
sanj...@kapurs.net>wrote:
>
> >>>>>>> Dear Mr Bhandari,
> >>>>>>> I too have taken possession of a unit in Urban Woods on Delonix
> >>>>>>> street .
>
> >>>>>>> My comments to the points raised by oscar d'souza are given hereunder
> >>>>>>> ;
>
> >>>>>>> 1. Access to the development : The main gate of the township opens on
> >>>>>>> ajmer road at the point where the toll plaza is right now. The entry road
> >>>>>>> from Ajmer road is 130 feet wide. The state govt has asked the National
> >>>>>>> Highway authority for shifting of the the toll plaza and then Vatika would
> >>>>>>> be allowed open the Main access road. It should happen very shortly after
> >>>>>>> elections.
>
> >>>>>>> 2. Electric Fittings are never provided by any builder. Neither were
> >>>>>>> they promised. Same is the case with wardrobes.
>
> >>>>>>> 3. Thats Mr Oscar D'souza perception which is totally wrong. I am a
> >>>>>>> resident of Jaipur and deal with lawyers every other day for registeration
> >>>>>>> and for my own unit also i had verified the rates from the courts. The rates
> >>>>>>> charged by Vatika are actuals as paid by them and are reasonable.
>
> >>>>>>> 4. *Development at Site:* The speed of construction has slowed down
> >>>>>>> but not stopped as reported by this gentleman. 95% of UW , plot units and
> >>>>>>> commercial is sold as per this gentleman. This again is not a fact. They
> >>>>>>> have siphoned off money to develop other projects is another one of his
> >>>>>>> imaginations and as in the past he gets carried over and exagerates. Its his
> >>>>>>> frustration at not being able to sell his unit. He uses such venomous
> >>>>>>> language for Vatika only to vent out his frustartion.
>
> >>>>>>> *5. Renting/Sale of Units :*Renting is on and i too have rented my
> >>>>>>> unit just yesterday. As regards Re-sale there has been a standstill since
> >>>>>>> last 5/6 months but again one has to be optimistic. I personally feel feel
> >>>>>>> that it should pick up within next 12 months from today. Again that my
> >>>>>>> personal feeling and i could be proved wrong by the market.
>
> >>>>>>> 6. Retail Outlet is small currently coz of a small demand from just
>
> ...
>
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